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☆ Dollar rides surge in Treasury yields, yen treads near key 150 level
▼ + stars: | 2022-10-20 | by ( ) www.cnbc.com time to read: +2 min

Japanese 10,000 yen and U.S. 100 dollar banknotes are arranged for a photograph in Tokyo, Japan, on Sept. 7, 2017. The dollar loomed over major peers on Thursday as Treasury yields peaked at multi-year highs, while the yen tumbled to a fresh 32-year low and kept markets on high alert for any signs of an intervention. The benchmark U.S. 10-year Treasury yield rose to 4.148%, its highest level since mid-2008, while the two-year Treasury yields touched a 15-year high of 4.58%. The Japanese yen hit a fresh trough of 149.96 per dollar, and last bought 149.95. "Given that Treasury yields have moved decisively above 4%, were it not for the threat of intervention, then I think dollar/yen would already be trading north of 150."

☆ Asia stocks rise as relief rally builds after UK U-turn
▼ + stars: | 2022-10-18 | by ( Ankur Banerjee | ) www.reuters.com time to read: +3 min

MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) rose 0.43%, while Japan's Nikkei (.N225) was up 0.6%. The Australian dollar rose on Tuesday after the Reserve Bank of Australia said it expects to raise interest rates further over the coming months. The yen touched a fresh 32-year low of 149.10 per dollar on Monday, not far off the psychological metric of 150. read moreBrent was up 0.08% to $91.69 a barrel, while U.S. crude rose 0.04% to $85.49 per barrel. Register now for FREE unlimited access to Reuters.com RegisterEditing by Jacqueline WongOur Standards: The Thomson Reuters Trust Principles.

☆ Fragile yen tests 1998 low, sterling cautiously steady
▼ + stars: | 2022-10-13 | by ( ) www.cnbc.com time to read: +3 min

The yen floundered near a fresh 24-year low on Thursday, while sterling held onto overnight gains as investors skittishly await an impending deadline for the end of the Bank of England's emergency bond-buying program. The yen hit a trough of 146.98 per dollar overnight — its lowest since August 1998 — and last traded at 146.82. The yen is within a whisker away from its August 1998 low of 147.64 per dollar, and well past last month's low of 145.90 per dollar which prompted Japanese authorities to intervene to buy the yen. The Aussie was up 0.14% at $0.6287, after sliding to a 2½-year low of $0.62355 in the previous session. Overnight, data showed that U.S. producer prices increased more than expected last month.

☆ How this 31-year-old got fired from his job and re-hired at the same company in 24 hours
▼ + stars: | 2022-09-25 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

"He was very humble and didn't give me a bunch of excuses as to why he failed," Mac Nab says. Listening to McCann during the meeting, Mac Nab started to question his decision to let the recent hire leave the company altogether. "I felt he was genuine, authentic and hardworking, and my gut instinct kicked in during that conversation, it was a heat-of-the-moment decision," Mac Nab says. "I had leads on other opportunities that paid more, but I saw something special in VizyPay," McCann says. Kyle McCann, Shannon McCann, and Austin Mac Nab at VizyPay's Iowa headquarters Photo: Kyle McCannLessons learned

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